1.
Applicable Contract Provisions. These terms and conditions, together with any
other documents, which Seller has attached or referenced hereto as part of the
contract (the “Agreement”), are the sole and complete contract
between Buyer and Seller in respect to the Products and supersede all prior
oral and written understandings.
Seller rejects those provisions of any previous order, offer, or other
communication from Buyer, which are additional to or different from the terms
hereof. Neither Seller’s delivery of the Products nor any other action at any
time on the part of Seller shall constitute acceptance of such additional or
different terms. Buyer shall be bound by all of the terms of this Agreement
when Buyer accepts this Agreement by any statement, act or course of conduct
which constitutes acceptance under applicable law, including failure to object
in writing hereto within a reasonable time and acceptance of delivery of the
Products.
2. Description of Products. The products subject hereto are those described on your invoice or your order confirmation (the “Products”).
3.
Purchase Price and Terms of Payment.
a. Price. The price for the Products shall be the price agreed upon between the
parties. Typographic or other clerical errors in stated prices are subject to
correction.
b. Credit and Terms of Payment. Unless otherwise provided on the front hereof,
payment in full is due thirty (30) days from invoice date. Seller may alter or
revoke credit terms at any time without notice.
c. Buyer is solely responsible for ensuring that payment is made to Seller’s
correct location. For fraud avoidance purposes, Seller will never initiate
payment method changes via email or telephone. Sales and Similar Taxes;
Shipping Costs; Insurance. The purchase price does not include sales, use,
excise
or similar taxes or any shipping, delivery or insurance costs. Seller will
invoice Buyer for any such
amounts incurred by Seller on behalf of Buyer.
d. Late Payment Fee Any amount not paid when due will be subject to a late
payment fee computed daily at a rate equal to one and one-half percent (1.5%)
per month or the highest rate permissible under applicable
usury law.
4.
Shipment, Delivery and Terms of Acceptance.
a. Shipment. Seller will package the Products for domestic shipment in
accordance with standard commercial practices. All shipments shall be delivered
by Seller to the Buyer’s designated point of delivery at the
Buyer’s expense unless otherwise agreed by Seller in writing. The carrier shall
be deemed to be Buyer’s agent, and Buyer shall make all claims with respect to
damage in transit against the responsible carrier.
b. Title to Products, Risk of Loss. Title to and all risk of loss concerning
the Products shall pass to Buyer upon delivery to a common carrier, or to any
private carrier designated by Buyer, for shipment to Buyer.
Buyer’s rejection of any Products shall not shift such risk until the Products
are returned to Seller, freight prepaid, pursuant to Seller’s written authorization.
Buyer hereby expressly acknowledges and agrees that Section 2-510 of the
Uniform Commercial Code shall not apply to this Agreement.
c. Delivery Schedule. The delivery dates specified in this Agreement are
estimates only based on prevailing conditions as of the date hereof, and
Seller’s failure to meet the same shall not be deemed a breach of this Agreement.
d. Force Majeure. Seller shall not be liable to Buyer for any delay or failure
of delivery or of any other performance caused in whole or in part by any
contingency beyond Seller’s reasonable control, including, without limitation,
acts of any government or any agency or subdivision thereof or shortage of or
inability
to secure labor, fuel, energy, raw materials, supplies or machinery at
reasonable prices or from regular sources.
e. Inspection and Acceptance. Buyer shall inspect all shipments upon arrival
and shall notify Seller in writing of any shortages or other failures to
conform to this Agreement which are reasonably discoverable upon arrival.
f. Cancellation or Modification of Order. This Agreement cannot be cancelled or
modified after Buyer’s acceptance or after the Products become Seller’s
work-in-process, whichever occurs first, except at Buyer’s expense for all
damages incurred by Seller due to such cancellation or modification.
5. WARRANTIES, LIMITATIONS OF WARRANTIES, DISCLAIMER OF WARRANTIES AND LIMITATION OF DAMAGES.
a.
Limited Warranty to Buyer. If Seller provides Technical Data Sheet(s) to Buyer
with respect to one or more of the Products, Seller warrants that those
Products, when supplied to Buyer in production quantities, will conform to any
specifications listed in the “Specifications” section of the most recent Data
Sheet provided
by Seller with respect to that Product. Unless otherwise agreed in writing,
Seller’s sole obligation in the event of a breach of any warranty shall be to
repair or replace the defective Product or to refund all payments made by Buyer
to Seller for such Product, at Seller’s option.
b. Notification of Defect and Time Limitations. Buyer must notify Seller in
writing of any alleged defect in the Product within ten (10) days after
discovery thereof but not later than 180 days from receipt. Buyer shall
identify the defect in such manner and provide such documentation as a Seller
reasonably may require. Buyer shall return any alleged defective Product to
Seller, F.O.B. Seller’s manufacturing plant, upon receipt of written request
from Seller. Buyer must bring any lawsuit against Seller with respect to any Product
within 180 days after providing notification of defect under this subparagraph
or, if no notice is provided, within 180 days after such notice was required to
be provided under this subparagraph.
c. LIMITATION OF WARRANTY. THE LIMITED WARRANTY SET FORTH IN SUBPARAGRAPH a
ABOVE SHALL NOT APPLY TO ANY PRODUCT WHICH HAS BEEN ABUSED, ALTERED, MODIFIED,
USED IN A MANNER NOT ORIGINALLY INTENDED, USED AFTER THE SHELF LIFE OF THE
PRODUCT, OR STORED OR APPLIED IN A MANNER CONTRARY TO SELLER’S WRITTEN
INSTRUCTIONS.
d. DISCLAIMER OF WARRANTIES. EXCEPT AS EXPRESSLY PROVIDED IN SUBPARAGRAPH a
ABOVE, SELLER MAKES NO REPRESENTATION OR WARRANTY WITH RESPECT TO THE PRODUCTS
SOLD HEREUNDER, AND SELLER DISCLAIMS ALL IMPLIED WARRANTIES INCLUDING
WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND FREEDOM
FROM PATENT INFRINGEMENT. NO AGENT, EMPLOYEE OR REPRESENTATIVE OF SELLER HAS
ANY AUTHORITY TO BIND SELLER TO ANY AFFIRMATION, REPRESENTATION OR WARRANTY
EXCEPT AS STATED IN THIS AGREEMENT.
6. Default. In the event of any default by Buyer, Seller may exercise any and all rights and remedies provided by law. Buyer shall pay to Seller all reasonable costs of collection, including reasonable attorney’s fees, incurred by Seller in collecting any amounts owing by Buyer hereunder.
7. LIMITATION OF REMEDIES. SELLER SHALL HAVE NO LIABILITY FOR INDIRECT, INCIDENTAL, CONSEQUENTIAL OR SPECIAL DAMAGES OF ANY KIND. THESE LIMITATIONS ARE AGREED ALLOCATIONS OF RISK. UNDER NO CIRCUMSTANCES SHALL SELLER’S LIABILITY WITH REGARD TO THE SALE OR USE OF THE PRODUCTS EXCEED THE PURCHASE PRICE PAID BY BUYER FOR THE PRODUCTS.
8.
General Provisions.
a. Applicable Law. The validity, performance and construction of this Agreement
shall be governed by the laws of the State of Virginia, USA.
b. Exclusive Jurisdiction. The state and federal courts of the State of
Virginia shall have exclusive jurisdiction over any lawsuit or other legal
proceeding arising out of this Agreement or relating to the Products. Seller
and Buyer hereby consent to the jurisdiction of such courts. Any jury demand is
hereby expressly waived.
c. Modification and Waiver. No addition to or modification of this Agreement
shall be binding upon Seller, and Seller shall not be deemed to have waived any
provision of this Agreement, except pursuant to a written document signed by a
duly authorized officer of Seller.
d. Severability. If any provision of this Agreement is held to be unenforceable
by final order of any court of competent jurisdiction, that provision shall be
severed from this Agreement, and shall not affect the interpretation or
enforceability of the remaining provisions of this Agreement.
e. Debt Disputes. Per UCC 3-311(c)(1) all disputed debts or full payment checks
remitted to settle debts must be communicated to the Director of Credit.